Prosperity Bancshares (PB) announced that its Board of Directors authorized a stock repurchase program under which the company may repurchase up to 5%, or approximately 4.87M shares, of its outstanding common stock over a one-year period expiring on January 26, 2027, at the discretion of management.
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Read More on PB:
- PB Upcoming Earnings Report: What to Expect?
- Southwest Bancshares shareholders approve acquisition by Prosperity Bancshares
- Prosperity Bancshares price target raised to $84 from $83 at TD Cowen
- Prosperity Bancshares downgraded to Market Perform from Outperform at Raymond James
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